If the Edins Company Has a 7 3/4% Bond That

question 116

Multiple Choice

If the Edins Company has a 7 3/4% bond that matures in 20 years, what will be its value if the yield to maturity is 6 percent?

• A)$1,888.91
• B)$1,200.71
• C)$1,202.25
• D)$1,077.50

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